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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

HomeStore Peddling Assets

March 4, 2002

ConsumerInfo.Com On Block

Inman News Features

HomeStore is trying to sell, a provider of credit reports and other credit-related information to consumers, according to sources who have been contacted to purchase the asset.

Homestore acquired in August as part of a $151 million deal for iPlace, which was created in February 2000 when California-based ConsumerInfo merged with eNeighborhoods and QSpace. iPlace was one of the first companies to enable consumers to access their credit reports online and to offer an online merged report containing credit information from the three major credit bureaus.

Homestore last month sold the eNeighborhoods business unit to its original founders in the form of a new company, Siegel Enterprises. But that sale did not include the unit.

A Homestore spokesperson today declined to comment on whether ConsumerInfo is on the block.

The sale of ConsumerInfo could be a rich source of cash for HomeStore.

Homestore hasn?t elaborated on the details of its stated intention to make listings and real estate agent lead-generation the core of its business strategy.

But inside the industry, potential buyers are being recruited to purchase certain assets and is considered one of the most valuable.

Copyright: Inman News Service

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